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Domtar's Bold Sustainability Strategy for 2030

Domtar, a prominent manufacturer of diversified forest products in North America, has recently unveiled its new Sustainability Strategy, highlighting its commitment to environmental stewardship and community engagement. This comprehensive plan aligns the company's operational priorities with sustainability objectives that are essential for both ecological preservation and stakeholder interests.

Key Components of the Strategy

As part of this strategy, Domtar has established performance metrics aimed at tracking progress through 2030, particularly focusing on its woodlands and manufacturing practices throughout Canada and the United States. It will serve as the groundwork for the company's inaugural integrated Sustainability Report, which will take into account all three business sectors: Paper Packaging, Pulp Tissue, and Wood Products.

John D. Williams, the Non-Executive Chairman of Domtar's Management Board, expressed pride in launching this strategic plan at a pivotal time in the integration of the company’s legacy businesses under the Domtar brand. He emphasized their long-standing history of sustainability excellence and outlined the framework for maintaining high standards of environmental responsibility moving forward.

Three Central Pillars of Sustainability

The Sustainability Strategy consists of three main pillars, each detailing 12 strategic objectives along with targeted performance measures set for 2026 and 2030.

1. Environmental Stewardship

Domtar is dedicated to responsibly managing the planet's resources, and its objectives and targets in this sector include:

• - Sustainable Forest Management: Increase engagement with landowners and position Domtar as a collaborative partner in enhancing critical habitats for threatened species.
• - Biodiversity Initiatives: Ensure that all operations in high-risk areas implement biodiversity action plans.
• - Decarbonization Goals: Commit to reducing greenhouse gas emissions in line with science-based targets to be established by 2026.
• - Water Resiliency: Develop comprehensive water-related risk mitigation plans for all manufacturing facilities.

2. Our People and Communities

This pillar emphasizes the importance of community support and employee welfare:

• - Safety Culture: Implement proactive safety measures aiming for zero injuries in the workplace.
• - Indigenous Relations: Foster partnerships with Indigenous communities through dedicated policy and engagement strategies.
• - Community Contributions: Achieve $20 million in community investments over the next five years while tracking volunteer activities.
• - Employee Experience: Enhance job satisfaction and professional growth targets, ensuring 85% of critical role successors meet developmental goals.

3. Responsible Business Practices

Domtar remains committed to ethical practices and engages transparently with stakeholders:

• - Ethics and Leadership: Uphold a Global Code of Ethics and Business Conduct that aligns with recognized international reporting standards.
• - Innovative Sustainability: Drive eco-friendly innovation across all product processes and supply chains, significantly increasing investment in sustainability-focused projects by 2025.
• - Human Rights Protection: Conduct rigorous human rights assessments aligned with global standards across the supply chain.
• - Stakeholder Trust: Build mutual trust by achieving stakeholder engagement goals and meeting sustainability objectives by 2030.

Broad Stakeholder Engagement

The development of this strategy involved extensive stakeholder outreach, including customers, business partners, and non-governmental organizations, alongside significant input from Indigenous peoples. Over 500 representatives contributed insights through surveys, and more than 85 individuals participated in interviews to shape this ambitious plan.

Additionally, this Strategy is aligned with the United Nations' Sustainable Development Goals (SDGs), reflecting Domtar's commitment to global sustainability standards.

Conclusion

Domtar's comprehensive Sustainability Strategy is set to pave the way for significant advancements in environmental stewardship and community involvement, demonstrating the company's resolve to lead responsibly in the forest products industry. As they move forward, Domtar is positioned to not only meet but exceed sustainability expectations through thorough planning and community-centric approaches.

For further information on Domtar's initiatives, please visit Domtar's Website.